Chapter 429 Xiao Zha Danced Happily, New Century Financial Company Filed For Bankruptcy
Chapter 429 Xiao Zha Danced Happily, New Century Financial Company Filed For Bankruptcy
After Lu Yi's tweet was posted, it immediately attracted domestic and foreign media reprints and reports.
There are even some media outlets that don’t take the matter seriously and directly exaggerate and exaggerate that Future Group and Amazon are at odds with each other, and the two technology giants publicly quarreled with each other, etc.
Netizens are paying more attention to this and expressing their opinions on major platforms.
no way.
The impact of this matter is too great.
After all, Future Group and Amazon are involved.
According to data released not long ago, among the world's listed Internet technology companies, Future Group ranks second and Amazon ranks tenth.
Both companies are not small businesses, but giants in the Internet technology industry, with huge influence in their respective fields.
Now the two companies are openly at odds with each other. Such a topic may not be encountered in ten years. The topic is naturally high, and netizens are very happy to participate in discussions on this topic.
"It's another scene of mutual hostility among big names that the technology world loves to see, but this time it's not Jobs and Bill Gates, but Lu Yi- and Jeff Bezos."
"It is recommended that Future Group directly acquire Amazon. Amazon's market value is only 260-7 million yuan."
“Yes! I strongly support the acquisition of Amazon and then demote Jeff Bezos to cleaning toilets.
Under Lu Yi's tweet, countless netizens left messages.
Among them, the one with the most likes is this one, in which Future Group directly and violently acquires Amazon, and then punishes Jeff Bezos to clean the toilet.
Of course.
Not only are melon-eating netizens around the world hotly discussing and paying attention to this matter, but also many people in the Internet technology circle of Silicon Valley in North America have jumped out to express their opinions.
The vast majority of these people are clearly pro-Amazon.
after all.
Future Group's territory is too big. Facing competition from Future Group, they don't have much advantage at all.
If Future Group can be defeated or driven out of the North American market, then this large vacated market will definitely satisfy them.
No.
The person who danced the most happily was Xiao Zha, the founder of Myspace.com.
He said on Twitter:
[If more Amazons don’t take action, then our country will face a cruel future. One person, one company, one platform, and the only choice. The North American people are kidnapped by the Future Group. This is really too bad. 】
Yes, that's right, Xiao Zha also uses Twitter, not his own Myspace.com.
Xiao Zha has been living in the shadow of face since he founded Myspace.com.
Facing the pressure from Face, Xiao Zha didn't have much power to fight back and could only play the national sentiment card.
Xiao Zha also knows very well that the reason why Myspace.com that he founded has not been suppressed and closed down is not because face has the strength, but because face has no intention of completely destroying his Myspace.com.
He also knew very well the reason why Face did what he did, which was to avoid being caught by the tail of the monopoly.
so.
Although Myspace.com is severely suppressed by faces and life is very difficult, it can still survive stably.
Xiao Zha is obviously not a peaceful person, and he does not want to live in the shadow of face all his life.
When he founded Myspace.com, he planned to imitate it to kill the original Face. But it was obvious that he overestimated his own ability and underestimated Face's strength.
But now Amazon has jumped out to attack Future Group, allowing Xiao Zha to see the opportunity for the rise of Myspace.com to surpass Face.
so.
On the day after Jeff Bezos' public attack, the article was the first to pop up to express support.
No.
It seems that one post is not enough.
Xiao Zha sent several more tweets in succession.
[There is no doubt that the major platforms under the Future Group are kidnapping the private data of our citizens. This private data will be transmitted back to the Dragon Kingdom, causing serious national security problems in North America.
risk. 】
[If I were the person in charge of Ferbole, I would bring people directly to investigate when the future group enters the North American market, because this is a thief from overseas, and it is stealing the private data of our North American people. This is very dangerous. 】
In addition to Xiao Zha, Gu Ge also took the opportunity to beat up the drowned dog.
Of course.
There is also someone who speaks for the Future Group, and that is IBM.
no way.
IBM had to stand up and speak for the Future Group.
If Future Group is driven out of the North American market, wouldn't IBM lose tens of billions of dollars in profits?
Netizens love to see this kind of big shots chatting online.
I even hope that more information will be revealed and the scenes of mutual quarrels will be bigger.
To this.
After Lu Yi responded, he stopped paying attention.
Although North America is an unreasonable person.
But the involvement of Future Group and Wall Street is too deep. If Forberle wants to affect Future Group, he will affect the interests of the entire Wall Street.
so.
There is no conclusive evidence. It is undoubtedly a fantasy to overthrow the Future Group just based on Jeff Bezos's few words on the Internet and Xiao Zha's few indifferent tweets on Twitter.
At most, it just makes Future Group disgusted.
No.
On April 2, the focus of the global news media shifted from the war between Future Group and Amazon to New Century Financial Company.
Because on this day, New Century Financial officially announced its application for bankruptcy protection and laid off 54% of its employees.
As soon as the news came out, it directly drew everyone's attention to the front.
New Century Financial Corporation is the second largest subprime mortgage loan company in North America.
Although on February 13, it issued a profit warning for the fourth quarter of last year, and because Wall Street forced a debt of 17.4 billion meters, it was frequently searched in the news, and even the head of the company publicly stated that the company was in bankruptcy. fringe remarks.
…Please give me flowers…
But no one expected that New Century Financial would file for bankruptcy protection so quickly.
The impact of this matter is too great.
The risks in the North American financial market, especially the subprime loan market, have long attracted the attention of many economists around the world.
Many economists have more or less publicly expressed concerns about the North American subprime loan market.
It said that once the North American subprime loan market collapses, it will trigger systemic financial risks, leading to the collapse of the North American economy and further triggering a worldwide economic crisis.
Now that New Century Financial Corporation has filed for bankruptcy, more people have come forward to express concerns about the risks in the North American financial market.
Because the default rate in the North American housing market is rising sharply, banks' losses are also increasing.
For a while.
Not only the North American market is panicking, but other countries are also panicking.
Countless people are talking about this.
North American home buyers who were still immersed in the bustling real estate market and fantasized about taking out loans to buy a house and then mortgage it to make a lot of money are waking up from their dreams at this time.
Only then did they realize that they had been deceived by the real estate agent.
Not only did the house I bought not appreciate in value, but it continued to depreciate, and I was burdened with a high mortgage loan.
For a while.
There are fewer takers.
At this time, everyone knows very well that if you dive in at this time, you will definitely be out of your mind. Even if you have a mine at home, you will not dare to play like this.
And at the same time.
New Century Financial Company filed for bankruptcy and closed down, which also increased the housing default rate.
There is an example reported by the media.
Jennifer McAdoo, a divorced mother of two, purchased a home in Stockton, California, in late 2006. She applied for an adjustable-rate mortgage through a local mortgage broker. loan.
Even though she knows the benefits of low interest rates will only last for a year, she's counting on potential raises to offset the upcoming increase in monthly payments.
Like many people, she chose to apply for an income-based loan and did not need to pay a down payment.
However, nine months later, not only did she not receive a promotion or salary increase, she was demoted and her income dropped by 25%.
When she learned that her housing prices had fallen and would continue to fall, she made a quick decision.
Sixty days later, Jennifer McAdoo gave up on the property, packed her bags, and moved her family in with her mother rather than wait for the inevitable foreclosure.
besides.
In Cleveland, the "subprime capital of North America", 10% of properties are vacant, and bank-confiscated properties can be seen throughout the city.
What can the bank do if it seizes these properties?
If you can't sell what you buy, you can only lose it in your own hands and become a bad debt, causing huge losses.
For a while.
Because of the bankruptcy of New Century Financial Company, the entire North American housing market has entered a cold winter, and the subprime mortgage market has been unable to contain it. .
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